Ternium SA ADR

NYSE TX

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Ternium SA ADR Cash Dividend Coverage Ratio 1 year YoY Change (%) for the year ending December 31, 2023: -7.02%

Ternium SA ADR Cash Dividend Coverage Ratio 1 year YoY Change (%) is -7.02% for the year ending December 31, 2023, a -167.28% change year over year. The cash dividend coverage ratio assesses a company's ability to cover its dividend payments with its operating cash flow. It is calculated by dividing operating cash flow by dividends paid. This ratio indicates the company's capacity to generate sufficient cash flow to support dividend distributions. A ratio greater than 1 indicates a healthy coverage of dividends, while a ratio less than 1 suggests potential challenges in meeting dividend obligations. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Ternium SA ADR Cash Dividend Coverage Ratio for the year ending December 31, 2022 was 5.19, a 10.44% change year over year.
  • Ternium SA ADR Cash Dividend Coverage Ratio for the year ending December 31, 2021 was 4.70, a 52.01% change year over year.
  • Ternium SA ADR Cash Dividend Coverage Ratio for the year ending December 31, 2020 was 3.09, a -55.77% change year over year.
  • Ternium SA ADR Cash Dividend Coverage Ratio for the year ending December 31, 2019 was 6.99, a -13.16% change year over year.
NYSE: TX

Ternium SA ADR

CEO Mr. Maximo Vedoya
IPO Date Feb. 1, 2006
Location Luxembourg
Headquarters 26 Boulevard Royal, Luxembourg City, Luxembourg, 2449
Employees 34,458
Sector Basic Materials
Industry Steel
Description

Ternium S.A., together with its subsidiaries, manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally. It operates through three segments: Steel, Mining, and Usiminas. The Steel segment offers slabs, hot and cold rolled products, coated products, roll formed and tubular products, bars, billets, and other products. Its Mining segment sells iron ore and pellets. The Usiminas segment offers iron ore extraction, steel transformation, and production of capital goods and logistics; and manufactures and sells various products and raw materials, such as flat steel, iron ore, and stamped steel parts for the automotive industry and products for the civil construction and capital goods industry. It also provides medical and social; scrap; renewable energy; and engineering and other services, as well as operates as a distribution company. In addition, the company engages in the exploration, exploitation, and pelletizing of iron ore. Ternium S.A. was founded in 1961 and is based in Luxembourg City, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.

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StockViz Staff

September 20, 2024

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